Tin Markets Surge to Six Month High
Tin markets react to news that shipments out of top exporter Indonesia fell 27 percent on the year
Tin markets react to news that shipments out of top exporter Indonesia fell 27 percent on the year
While the price of tin has made a modest gain since the start of the year, global economic cues may limit the gains in the short term.
Tin prices on the LME continue to fall despite the efforts of Indonesian tin producers to exert control over the global supply balance.
25 Indonesian tin producers have extended the ban on tin exports until year-end.
Reuters reported on base metals trading on Thursday noting tin hit a new low.
Mining Weekly reported Rwanda is seeking expressions of interest (EOIs) for the Musha–Ntunga tin deposit.
Reuters reported on base metals trading on Monday noting tin fell dramatically.
Mineweb reported Metals X Ltd (ASX:MLX) and Westgold Resources Ltd (ASX:WGR) have agreed to merge.
Celeste Copper Corporation (TSXV:C) announced it has made further advances at its poly-metallic mine project in Cornwall, England.
Lara Exploration Ltd. (TSXV:LRA) reported Avenue Resources Ltd. (ASX:AVY) has intercepted 4.10 metres grading 1.51% tin from the São Lourenço tin project.
Omineca Mining and Metals Ltd. (TSXV:OMM) announced exploration results from the Sully project in Canada for silver, zinc, lead and tin.
Omineca Mining and Metals Ltd. (TSXV:OMM) announced it has begun drilling on the Sully project in British Colombia.
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